Like it! Thats a good theme.
How about a ‘ZEC Pacman’ eating terrified ‘other coin logos’ ?
Like it! Thats a good theme.
How about a ‘ZEC Pacman’ eating terrified ‘other coin logos’ ?
the bears love raiding this thread for some reason. hope they stick around long enough for us to give it back to them when ZEC finally recovers!
Funny how they stopped mentioning BTC pairs all of a sudden and shifted narrative to USD pair huh? We didnt hear that in a while?
God Im fucking dumb I just realized CEX.IO delisted ZEC and I just transferd cash ito the exchange and in GBP no less. I am going to have to buy queen shitcoin (ETH) to transfer to poloniex I am not an idiot to buy king shitcoin and wait an hour for it to confirm. The dump will be over by then.
That cex.io delisting really hurts I was the one responsible for getting that listing.
Are you okay with BTC? Soon we will test ATL, and so everything is in order for the bulls, but unfortunately the bulls have to buy and increase the price, you guys just do not know the truth? The pair with BTC has been falling since June 2017, of course that you hope that no one can stand another 2.5 years of price fall in this topic
And for information, I hope for zec changes in the price, not less, I just understand that this will not happen in the current situation.
Nah Im not ok with BTC an open chain isnt even fit for speculation. Theres a reason why I called it King Shitcoin. Once ETH queen shitcoin bore her ungodly spawn the ICO token. The filth and degenaracy that was in that market seems to have become the new bitcoin maximalist. Which is natural in a parabolic rise. Those are very weak hands. I can smell the absolute terror around the influencers still making mental gymnastics on the charts. When our rise happens when I see those kinds of people posting on the ZEC forum it will be time to bid you all farewell and sell.
Am I reading this right? Lets see if Im right and alts outperform BTC until march 20th. Seems to me like that is going to be the case.
@Boxalex you cant define a 6 month uptrend as a small spike. If I am right I expect you to admit it. If I am wrong I will be the first to apologize and admit it.
Not sure if i understand you corrrect, but if so here the answers:
1.) I rarely give 24h any attention, most time i use the 7 days graph as it gives a better picture. Right now BTC -6.93%, ZEC -8.98%. Not sure what that 24h should show but as you posted it i’am just adding the 7d digits.
2.) About the spike and uptrend. Seems we have different approaches when analyzing an uptrend or spike. When i analyze these i compare them to BTC as most time they move together. When a spike happens within an uptrend/downtrend seperatly from BTC than i call it a spike for a given currency.
To explain it with some examples:
IF bitcoin moves up for 6 months and some other coin moves up 6 months as well than i don’t consider it as an uptrend by the given currency.
IF bitcoin moves down or stays more or less on its leve but the currency moves up than i consider this as an uptrend by the given currency.
IF bitcoin has a price spike and another currency too at the same time frame i don’t consider it a price spike by the currency.
IF bitcoin does not have a price spike but another given currency has one than i consider it a price spike by the currency.
About alts outperforming BTC until march 20 No idea, i have made my calculations only for end of december 2019 and i still hold with my prediction 0.0035BTC per ZEC. Once it reaches this target or doesn’t reach it end of december i will make a new calculation, for now it doesn’t make sense to me to make one until we didn’t get to 0.0035…
But why?
Why dont you just use the ALT/BTC pair like everyone else???
Here is a chart of ETH/BTC would you consider this to be an uptrend in the timeframe marked in the box?
This is not a trend, it is a correction in a downward movement.
the fall is greater than the rebound, the fall time is longer than the correction time, and the trend is a steady movement in one direction. If there will be further growth, then it can be considered a trend. Does zec also have a rising trend from 0.00377 to 0.0044? And the fact that 2.5 years the cost falls is what then?
Only if it tops out right here. If it doesnt its a trend reversal.
But read carefuly what I wrote. Only in the grey box is that an uptrend? If Isay ALTS are going to be in an uptrend from now for the next 6 months. That is very clear to me.
EDIT to respond to your EDIT:
So how do you figure out reversals? Because according to your logic once 2.5 year of losses are incured we need to surpass the ATH in order to have a trend reversal, am I understanding you correctly?
No, we have a trend on the timeline, if for 1 month the price rises, then this can be considered a trend, if for 6 months, as you say, the price will increase in relation to the values of the previous one, then this is a trend, local corrections will not be considered a change in trend , a change in trend is a change in price movement on the same timeline, no?
Yes thats exactly what I said but for some reason @boxalex seems to like to complicate things so I got this answer.
@boxalex
IF BTC moves up and the selected currency moves up more then BTC in USD thats still an uptrend in the ALT/BTC pair no? It means that the ALT is gaining more value than BTC in a given time period EVEN though they are both gaining in FIAT no?
BTW I chose the 24 hour because BTC dumped in the last 24. Every time BTC dumped ZEC dumped harder take a look how much BTC value we lost in the dump before this one. I will find the info and edit this post after I walk my dog.
As far as I understand, you have a 5 movement scenario that does not contradict the 4 previous ones, as I understand it. Upward movement and trend are not the same thing, now zec is moving up 1%, but it is 1% of the lower value, so there is no bull trend if it moves from the current value and for 6 months only with a price increase of 1 the number of each month, then you were right, if 1 month rises and the second comes to the original price then no.
NO, not in my books, but that’s only me. Everybody has or can have it’s own approach. IF, like you wrote above scenario, happens than i don’t consider it an uptrend in my books as it just follows BTC and it doesn’t matter if it’s for 24h 1% less or 1% more.
But that’s just my way to analyze and calculate things that i don’t take the “just follows” movement as an trend or movement, in best case i would call it “follows movement”.
And to be straight honest, i hate it the way it is (i use) because BTC should not have the dominance to influence every other currency that much.
So what in the end? Will ZEC ever sky-rocket to $200? Or even 50 is impossible now?
Or ZEC needs $100 000 for BTC to rise above $200?
I just wonder for how long people can hold on to their hope. 3 years of falling already. 95% of alltime high is lost now. How many more years needed to start rising against BTC? Even right now it is not flat - it is still bearish.
I just bought more zec …my first goal is achieved!! If price goes more down, then must buy more!!soon we moon guys
Dont worry about us dude. With BTC confirming a bull trap we wont be seing BTC at 100k any time soon.
Both XMR and BTC dropped 94% during their high inflation phase. Those people selling at year three were preatty smart right? But this time its different right?
Well Alex Im sorry but I dont speak this language that you have invented.
A trend can be linear , a trend can be exponential, a treng can be upward moving a trend can be sharp but a trend cant be if this function than that function.
Thats corelation, a trend analysis is done on just one function.
And how did we even get here I say something positive about alt prices you say no no no alts wont be in any uptrend only a spike and here we are three days later. You must be trolling me. From now on Im only speaking about price predictions in pictures, in charts with you.